Today: 27 October 2025
21 November 2023
1 min read

Abu Dhabi Unveils Mega Housing Project for Emiratis

Part of the “Emirati Neighbourhood Initiative”, the project has been developed “with the highest international standards”…reports Asian Lite News

As part of a government initiative to offer high-quality residences to citizens, Abu Dhabi has revealed a massive housing development, delivering over 300 new homes to Emiratis.

Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has inaugurated the emirate’s Al Wathba housing project, which features 347 homes built at a cost of AED1.1 billion ($299 million).

Part of the “Emirati Neighbourhood Initiative”, the project has been developed “with the highest international standards” and it features sustainable designs that seek to improve the citizens’ overall wellbeing and quality of life, according to a statement.

Since its establishment, the Abu Dhabi Housing Authority has provided more than 39,000 residential plots and more than 16,000 new homes to beneficiaries. So far, the total value of housing benefits delivered has reached AED141 billion ($38.4 billion).

The latest housing allocation is spread across 875,000 square metres and includes various community facilities, such as four commercial complexes and 64 shops. The development also has 15 parks and four mosques that can accommodate 1,725 people.

“The Al Wathba housing project signifies the Abu Dhabi Housing Authority’s commitment to delivering the leadership’s directives,” said Mohammed Ali Al Shorafa, Chairman of the Department of Municipalities and Transport and Chairman of Abu Dhabi Housing Authority.

“This initiative stands as a cornerstone in guaranteeing citizens’ access to quality housing.”

Since its establishment, the Abu Dhabi Housing Authority has approved more than 44,000 housing loans and facilitated housing loan exemptions for 4,000 beneficiaries.

During the third quarter of the year, Abu Dhabi’s real estate market saw the delivery of 1,000 residential units spread across several communities, according to Asteco.

ALSO READ: Amity Honours Top UAE Professionals

ALSO READ: UAE Aims to Reduce Food Loss and Waste by 50% by 2030

Previous Story

Tech Titans Under Fire In US

Next Story

India, Australia discuss expansion of defence ties

Latest from -Top News

Gazans Struggle to Revive Life

Today, Gaza’s markets seem to awaken from beneath the ruins. Partially destroyed shops opened their doors amid streets littered with debris, while merchants attempt to arrange what remains of their goods on

GAZA AID: MSF raps Israel

Doctors Without Borders (MSF) says Israel Continues to Use Aid as a Weapon of War Against Gaza Strip…reports Asian Lite News Doctors Without Borders (MSF) said that despite the ceasefire agreement, Israel

Qatar Emir Meets Trump

HH the Amir welcomed HE the US President and his accompanying delegation, expressing his pleasure at meeting the President during his stopover in Qatar…reports Asian Lite News HH the Amir Sheikh Tamim

Abu Dhabi leads future of food innovation

Global Food Week 2025 cements Abu Dhabi’s leadership in food innovation, uniting 75 countries to showcase sustainable agriculture, cutting-edge technologies, and women-led enterprises driving future food security….reports Asian Lite News Global Food

UAE reshapes AI council

The newly reconstituted Council will be chaired by His Highness Sheikh Tahnoon bin Zayed Al Nahyan, with His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan serving as Vice-Chairman….reports Asian Lite
Go toTop

Don't Miss

Abu Dhabi Chamber expands global network

The new strategic partnerships under the “Gateway to the World”

Museum of the Future Hosts ‘Climate Future Week’

The main conference, taking place over three days, will consist